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Latest News
FSA to get tough on risky products
Sants will set out new proactive strategy he believes will better protect the consumer.
Spiers steps back again as Bestinvest appoints new chairman and chief executive
John Spiers is to step down from the helm of Bestinvest for the second time after the group appointed a new chairman and chief executive.
RBS hits critical payout borrower with £3,500 penalty
Royal Bank of Scotland has come under fire for slapping a £3,500 early redemption penalty on a critically-ill borrower.
Ascentric launches branding service for IFAs
The service allows advisers to integrate their brand into the Ascentric platform and brand each page.
Novia's GIA available via Friends' offshore bond
Novia’s gross general investment account is now accessible within Friends Provident International’s offshore bond.
MPs blast social care system
The health committee’s latest report says the social care system in England is underfunded, discriminatory and severely rationed.
Henderson confirms rebrand of New Star funds
Henderson has finally confirmed that it is to drop the New Star name from its branding.
Cartel solicitor shut down
Lawyer used by Cartel Client Review shut down by solicitor regulator.
Former Lloyds TSB boss Sir Brian Pitman dies aged 78
Former Lloyds TSB boss and chairman of Virgin Money Sir Brian Pitman has died aged 78.
Fidelity's Kennedy calls for calm if CGT rate rises
Fidelity International head of tax and trusts planning Paul Kennedy has urged investors not to be scared off if the Budget sees an increase in the rate of capital gains tax.
Woodford funds back on top form
Invesco Perpetual fund guru Neil Woodford has seen both his leading income funds bounce back to the top of the sector over the past three months.
Lehman bosses criticised for crash
Report to NY bankruptcy court details ’misleading picture’ chiefs painted of ailing firm before its demise.
Opinion
Mortgage age
“One consequence of the credit crunch is that many more lenders have now imposed an arbitrary maximum age by when a mortgage needs to be repaid, usually between 65 and 75.”
MM Leader: Wrong to single out IFAs for Keydata mess
Advisers are still waiting to hear if the Financial Services Compensation Scheme will lessen the burden of the £43m Keydata levy.
Joiner rejoinder
Rob Reid warns the FSA must do more work around the costs of consultancy charging for GPPs.
What is Capita's role in Arch Cru debacle?
As the row rages over IFAs facing the Arch Cru compensation bill, Chris Gilchrist considers the reponsibilities of the regulator and the authorised corporate director.
Where there’s a bill
Nic Cicutti says the idea of “billable hours” being the honourable way forward for IFAs does not chime with his own experiences.
